MUMBAI: After six sessions of continuous selling that wiped off nearly 2,600 points or 3.1% from the sensex, and investors left poorer by nearly Rs 15 lakh crore through a slide in market cap, traders on Dalal Street feel there is a chance of a bounce-back on Monday. But they feel the underlying weak trend […]
‘Snapback’ over nuclear programme: What sanctions will be reimposed on Iran? Here’s all you need to know
A wide range of UN sanctions on Iran’s nuclear program, previously lifted under the 2015 nuclear deal, were reimposed late Saturday after Britain, France, and Germany triggered the agreement’s “snapback” mechanism, accusing Tehran of failing to meet its commitments.The sanctions, which directly target Iran’s nuclear and ballistic missile programs, come at a tense moment following […]
Valuation watch: Top-10 most valued firms’ market cap drops by Rs 2.99 lakh crore; TCS emerges as the biggest hit on H1-B visa fees hike
The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of domestic […]
Trump’s H-1B visa move: End of the road Indians’ American dream? How fee hike may help India retain talent
The H-1B skilled-worker visa programme, which is mainly utilised by the technology sector, has traditionally served as a crucial entry route for foreign professionals. (AI image) US President Donald Trump’s move to sharply hike the fee for H-1B visas to $100,000 has Indian tech sector workers and students in America worried about their future in […]
Logistics expansion: India emerges as top choice for APAC 3PL firms; sector driven by tech, e-commerce growth
India is fast becoming the top choice for Asia-Pacific (APAC) third-party logistics (3PL) firms looking to expand, with nearly 70 per cent of occupiers planning to increase their footprint in the country over the next two years, a CBRE report revealed.3PL providers handle end-to-end logistics operations for clients, enabling businesses to focus on core activities […]
Financial sector : DFS & Supreme Court panel conduct mediation training for DRT officers; dispute resolution skills on priority
The Department of Financial Services (DFS), in collaboration with the Mediation and Conciliation Project Committee (MCPC) of the Supreme Court, has conducted a 40-hour mediation training programme for presiding officers of Debts Recovery Tribunals (DRTs) and senior executives of public sector banks.The programme, held between September 24 and 28, sought to highlight the growing importance […]
PM E-DRIVE scheme: Govt issues new guidelines for EV charging stations; rollout to cover cities and highways
The Centre has unveiled operational guidelines for the rollout of nearly 72,300 public electric vehicle (EV) charging stations across the country, with an outlay of Rs 2,000 crore under the Rs 10,900 crore PM E-DRIVE scheme.According to the Ministry of Heavy Industries, the framework provides a tiered subsidy structure to accelerate the installation of charging […]
Tariff war: Lutnick says India and Brazil need to be ‘fixed’
US Commerce Secretary Howard Lutnick (File photo) TOI correspondent from Washington: Employing language that some analysts likened to that used by mafioso, US Commerce Secretary Howard Lutnick has said the Trump administration has a bunch of countries like India, Brazil, and Switzerland it needs to “fix” in order to arrive at trade deals. The three […]
Food processing push: Global, domestic firms may invest Rs 1.02 lakh crore; job creation in focus
The government said global and domestic companies have signed agreements to invest around Rs 1.02 lakh crore in India’s food processing sector during the four-day World Food India 2025 summit held at Bharat Mandapam in the national capital from September 25 to 28.The Ministry of Food Processing Industries said 26 companies, including Reliance Consumer Products, […]
‘India has self-respect’: Russia on Delhi’s response over US oil pressure; ‘no threat’ to ties
Russia has firmly backed India’s stance on continuing Russian oil purchases despite US pressure, praising the nation’s “self-respect” and affirming that there is “no threat” to the long-standing New Delhi-Moscow partnership.Russian foreign minister Sergey Lavrov, addressing the media after speaking at the UN General Assembly on Saturday, underlined that India’s ties with the US or […]